https://www.taxtmi.com/caselaws?id=460719 CESTAT Kolkata dismissed Revenue's appeal against respondent manufacturer regarding alleged clandestine production and removal of sponge iron. Revenue's demand based on theoretical input-output ratios (1:1.67 MT iron ore, 162 KW power per MT) and estimated production lacked tangible evidence. No tests conducted to establish clandestine manufacture or clearance. Periodic audits found no deficiencies, making entire demand time-barred under limitation as extended period invocation was unjustified without evidence of fraud or suppression. en-us Thu, 12 Dec 2024 00:00:00 +0530 Wed, 07 May 2025 17:08:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460719 CESTAT Kolkata dismissed Revenue's appeal against respondent manufacturer regarding alleged clandestine production and removal of sponge iron. Revenue's demand based on theoretical input-output ratios (1:1.67 MT iron ore, 162 KW power per MT) and estimated production lacked tangible evidence. No tests conducted to establish clandestine manufacture or clearance. Periodic audits found no deficiencies, making entire demand time-barred under limitation as extended period invocation was unjustified without evidence of fraud or suppression. Case-Laws Central Excise Thu, 12 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460719